Apollo Acquires EasyJet for £5.7bn, Outflanking Castlelake
Apollo Global Management has acquired EasyJet for £5.7 billion, outbidding rival Castlelake, according to reports. The post also notes that oil prices are retreating.
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American asset management firm Apollo has secured the acquisition of EasyJet for £5.7 billion, outmaneuvering competitor Castlelake in the deal. The transaction marks a significant move in the aviation sector.
The source also mentions that oil prices are in retreat, though no further details are provided.
Source: FXStreet Forex News